EX-99.1 2 dex991.htm KEY STATISTICS FOR THE FISCAL QUARTERS ENDED DECEMBER 31, 2008 AND 2009 Key Statistics for the Fiscal Quarters ended December 31, 2008 and 2009

Exhibit 99.1

Broadridge Financial Solutions, Inc.

Investor Communication Solutions

Key Statistics

Quarterly

(volume and $ in millions)

 

Legend:      
Type      
RC    =   Recurring - Low Volatility
ED    =   Event-Driven - High Volatility

 

            2Q08     2Q09     Type
    

Fee Revenues (1)

      

Proxy

     Equities    $ 25.7     $ 26.0     RC
    

Stock Record Position Growth

     -4 %     -3 %  
    

Pieces

     31.6       26.8    
     Mutual Funds    $ 26.4     $ 9.4     ED
    

Pieces

     45.3       12.3    
     Contests/Specials    $ 3.6     $ 6.8     ED
    

Pieces

     4.5       8.8    
                       
     Total Proxy    $ 55.7     $ 42.2    
    

Total Pieces

     81.4       47.9    

Interims

     Mutual Funds (Annual/Semi-Annual Reports/Annual Prospectuses)    $ 16.2     $ 17.3     RC
    

Position Growth

     9 %     6 %  
    

Pieces

     93.9       104.6    
     Mutual Funds (Supplemental Prospectuses) & Other    $ 10.7     $ 11.6     ED
    

Pieces

     65.9       69.2    
                       
     Total Interims    $ 26.9     $ 28.9    
    

Total Pieces

     159.8       173.8    

Transaction

Reporting

     Transaction Reporting    $ 29.1     $ 32.1     RC

Fulfillment

     Post-Sale Fulfillment    $ 16.8     $ 18.6     RC
    

Pre-Sale Fulfillment

   $ 9.4     $ 9.8     ED
                       
     Total Fulfillment    $ 26.2     $ 28.4    

Other

Communications

     Other (2)    $ 8.1     $ 12.1     ED
                       
     Total Fee Revenues    $ 146.0     $ 143.7    
     Total Distribution Revenues    $ 157.2     $ 151.8    
                       
     Total Net Revenue as reported - GAAP    $ 303.2     $ 295.5    
                       

 

(1) As of 1Q09, these items represent fee revenues only and exclude distribution revenues which are set out separately. The historical numbers have been adjusted to exclude distribution revenues.
(2) Other includes pieces of 2.0M for 2Q08 and 3.6M for 2Q09 primarily related to corporate actions.


Broadridge Financial Solutions, Inc.

Securities Processing Solutions

Key Statistics

Quarterly

($ in millions)

 

Legend:      
Type      
RC    =   Recurring - Low Volatility
ED    =   Event-Driven - High Volatility

 

            2Q08    2Q09    Type

Equity

             

Transaction-Based

     Equity Trades    $ 66.3    $ 70.0    RC
    

Internal Trade Volume Growth

     1,537      1,693   
    

Trade Volume (Average Trades per Day in ‘000) (1)(2)

     1,583      1,804   

Non-Transaction

     Other Equity Services    $ 42.6    $ 48.2    RC
                     
     Total Equity    $ 108.9    $ 118.2   

Fixed-Income

             

Transaction-Based

     Fixed-Income Trades    $ 12.4    $ 13.8    RC
    

Internal Trade Volume

     212      267   
    

Trade Volume (Average Trades per Day in ‘000)

     216      310   

Non-Transaction

     Other Fixed-Income Services    $ 6.3    $ 7.5    RC
                     
     Total Fixed-Income    $ 18.7    $ 21.3   
                     
     Total Net Revenue as reported - GAAP    $ 127.6    $ 139.5   
                     

 

(1) As of 1Q09, Equity Trade volume adjusted to exclude trades processed under fixed priced contracts. Management believes excluding this trade volume presents a stronger correlation between trade volume and Equity Trade revenue.
(2) Excludes trades per day for Lehman Brothers, Inc. to reflect the loss of the Lehman business and to provide a better historical comparison.


Broadridge Financial Solutions, Inc.

Clearing and Outsourcing Solutions

Key Statistics

Quarterly

($ in millions)

 

Legend:      
Type      
RC    =   Recurring - Low Volatility
ED    =   Event-Driven - High Volatility

 

            2Q08    2Q09    Type

Clearing

     Net Interest Income (1)    $ 7.5    $ 3.7    RC
    

Average Margin Debits

   $ 923.0    $ 715.8   
    

Clearing Fees/Other

   $ 12.8    $ 18.0    RC
    

Trade Volume (Average Trades per Day in ‘000)

     48.7      59.4   

Outsourcing

     Outsourcing    $ 4.4    $ 7.0    RC
    

# of Clients

     4      6   
                     
    

Total Net Revenue as reported - GAAP

   $ 24.7    $ 28.7   
                     

 

(1) Referred to as “Margin Revenues” in Key Statistics prior to 3Q08.